Spire Wealth Management Sells 23,260 Shares of First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG)

Spire Wealth Management cut its holdings in First Trust Limited Duration Investment Grade Corporate ETF (NYSEARCA:FSIG) by 32.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 48,033 shares of the company’s stock after selling 23,260 shares during the period. Spire Wealth Management’s holdings in First Trust Limited Duration Investment Grade Corporate ETF were worth $900,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Pinnacle Bancorp Inc. bought a new stake in shares of First Trust Limited Duration Investment Grade Corporate ETF in the 1st quarter worth about $31,000. Geneos Wealth Management Inc. increased its holdings in shares of First Trust Limited Duration Investment Grade Corporate ETF by 54.8% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,684 shares of the company’s stock worth $32,000 after buying an additional 596 shares during the last quarter. Capital Investment Advisory Services LLC boosted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 171.1% during the 1st quarter. Capital Investment Advisory Services LLC now owns 2,575 shares of the company’s stock worth $48,000 after purchasing an additional 1,625 shares during the period. NBC Securities Inc. boosted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 46.8% during the 4th quarter. NBC Securities Inc. now owns 3,944 shares of the company’s stock worth $74,000 after purchasing an additional 1,257 shares during the period. Finally, Concourse Financial Group Securities Inc. boosted its stake in shares of First Trust Limited Duration Investment Grade Corporate ETF by 20.0% during the 4th quarter. Concourse Financial Group Securities Inc. now owns 8,624 shares of the company’s stock worth $164,000 after purchasing an additional 1,436 shares during the period.

First Trust Limited Duration Investment Grade Corporate ETF Stock Down 0.1 %

FSIG stock opened at $19.10 on Monday. First Trust Limited Duration Investment Grade Corporate ETF has a 12 month low of $18.21 and a 12 month high of $19.13. The company has a 50-day moving average price of $18.95 and a 200 day moving average price of $18.81.

First Trust Limited Duration Investment Grade Corporate ETF Company Profile

The First Trust Limited Duration Investment Grade Corporate ETF (FSIG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund seeks to provide current income from an actively managed portfolio of short-term US investment-grade corporate bonds. FSIG was launched on Nov 17, 2021 and is managed by First Trust.